Ann: Investor Briefing Session, page-78

This is what I captured from the call - please correct me if I'm wrong:

Government funding

• Current funding opportunities are mainly focused on renewables and strategic minerals. This does not include iron ore.
• Government is interested - nothing but total support at all levels of government, they recognise the economic benefit and ESG credentials BUT they'll only be interested to maybe invest/fund towards the backend of the BFS. A snippet from the call was "We (government) love the project and ESG credentials but come back when it’s better evaluated"

Off takes

• Pretty clear that the likelihood of these happening pre BFS is low. They want to see the project derisked/towards the backend of the BFS.